Ingenico has announced that its i3070 Contactless PINpad has been approved by both Mastercard PayPass and Visa payWave. The company notes that this gives their pinpad a unique flexibility, as it is the first such device on the market that can read magnetic stripe cards, smartcards, contactless cards and NFC phones.

The i3070 Contactless can be connected to most Ingenico terminals or sale systems via one cable. The device is PCI-PED-compliant and supports the latest and most stringent payment requirements from MasterCard and Visa, including EMV Contactless and mobile phone payments